At a Glance
- Tasks: Support credit operations and manage trade settlements in a dynamic private credit environment.
- Company: Join a high-performing private credit platform with international reach.
- Benefits: Competitive daily rate, flexible working pattern, and potential for permanent role.
- Why this job: Gain valuable experience in corporate credit instruments and enhance your operational skills.
- Qualifications: 18 months in Direct Lending Ops or Loan Operations; strong knowledge of corporate credit.
- Other info: Collaborative culture with opportunities for process improvement and automation.
The predicted salary is between 70000 - 105000 Β£ per year.
Location: London
Contract: Ongoing temporary contract
Rate: up to Β£350 per day
Working pattern: 3 days office base & 2 days WFH
The Opportunity
We are seeking a Private Credit Associate to join a high-performing private credit platform on an ongoing contract basis. This role sits within the credit operations function and will support the day-to-day running of operations across Direct Lending, Credit Opportunities and Syndicated Debt strategies. This is an excellent opportunity for an experienced credit or loan operations professional to work within a fast-growing, private credit environment, with exposure to a broad range of corporate credit instruments and strategies.
Key Responsibilities
- Support the credit operations team across a wide range of activities, including:
- Static data setup for borrowers, investments and legal hierarchies
- End-to-end trade settlement processes
- Maintenance of portfolio management and back-office systems to ensure investment activity and positions are accurately recorded and reconciled by the Fund Administrator
- Maintaining accurate position records and internal tracking tools
- Reviewing three-way reconciliations
- Maintaining exception logs and break resolution trackers, including root cause analysis
- Liaising with fund administrators and facility agents to ensure timely reconciliation and issue resolution
- Supporting audit data requests and maintaining appropriate evidence documentation
Skills, Experience & Attributes
Qualifications & Experience
- 18 months plus experience in Direct lending Ops or Loan Operations role
- Strong knowledge of corporate credit instruments
- Solid understanding of loan market standards and best practices
- Experience of the loan trade settlement lifecycle, familiarity with LMA and/or LSTA frameworks is advantageous
Personal Attributes
- Clear and confident verbal and written communication skills
- Highly organised, detail-oriented and structured in approach
- Able to prioritise effectively and remain composed under pressure
- Commercially minded with a hands-on, proactive attitude
- Collaborative team player who can also work independently
- Eager to take on new responsibilities and contribute beyond core tasks
- Interest in process improvement, documentation and operational efficiency
- Demonstrates curiosity around automation and system enhancements
Why Apply?
This role offers exposure to a sophisticated private credit platform with significant scale, international reach and a strong operational culture. The ongoing contract provides immediate impact and responsibility, with the potential opportunity to transition into a permanent role later in the year. If you are a motivated credit operations professional looking to deepen your experience in private credit, we would be keen to hear from you.
Private Credit Associate employer: Coburn Free Library
Contact Detail:
Coburn Free Library Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Private Credit Associate
β¨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in private credit. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
β¨Tip Number 2
Prepare for interviews by brushing up on your knowledge of corporate credit instruments and loan operations. We recommend practising common interview questions and scenarios related to trade settlement processes to show you're ready for the role.
β¨Tip Number 3
Show off your organisational skills! During interviews, share examples of how you've maintained accurate records or resolved discrepancies in past roles. This will highlight your attention to detail and problem-solving abilities.
β¨Tip Number 4
Don't forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and eager to join our team.
We think you need these skills to ace Private Credit Associate
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Private Credit Associate role. Highlight your experience in direct lending ops or loan operations, and donβt forget to mention any relevant skills that match the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why youβre the perfect fit for this role. Mention your understanding of corporate credit instruments and how your proactive attitude can contribute to our team.
Showcase Your Communication Skills: Since clear communication is key in this role, make sure your written application reflects that. Keep your language professional yet approachable, and ensure there are no typos or errors.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us!
How to prepare for a job interview at Coburn Free Library
β¨Know Your Credit Instruments
Make sure you brush up on your knowledge of corporate credit instruments before the interview. Being able to discuss specific examples and demonstrate your understanding of the loan market standards will show that you're not just familiar with the basics, but that you can contribute meaningfully to the team.
β¨Showcase Your Operational Skills
Prepare to talk about your experience in loan operations and trade settlement processes. Have specific examples ready that highlight your attention to detail and how you've successfully managed portfolios or reconciliations in the past. This will help illustrate your capability to handle the responsibilities of the role.
β¨Demonstrate Your Problem-Solving Ability
Be ready to discuss how you've approached exception logs and break resolution in previous roles. Sharing a story about a challenging situation and how you resolved it will showcase your analytical skills and proactive attitude, which are crucial for this position.
β¨Ask Insightful Questions
Prepare thoughtful questions about the company's credit operations and their approach to process improvement. This not only shows your genuine interest in the role but also demonstrates your eagerness to contribute to operational efficiency and automation, aligning with the company's goals.